Basic Function Responsible for assisting in the origination and underwriting of commercial loan and owner-occupied commercial real estate applications and responsible for managing client relationships. Essential Duties
- Assist in originating, underwriting and closing commercial loans and owner-occupied commercial real estate loans
- Analyze loan data on new, renewal and existing loans, including data provided by credit bureaus, agent banks, borrowers and Bank credit files
- Prepare spreadsheets, reports, summaries and opinions for loan officers on new, renewal and existing loans
- Perform credit inquiries for the Bank as requested
- Establish, review and update new and existing credit files on a regular basis
- Provide technical advice and assistance to Loan Officers as needed
- Work with Relationship Manager on proposals
- Prepare loan approval presentations
- Work with Loan Operations and/or attorneys to generate and review (for accuracy) documents and coordinate loan closings
- Management of client relationships
- Negotiate loan extensions and renewals
- Respond to client inquiries
- Request and review updated financial and operating information. Confirm or recommend loan grade changes based on analysis performed
- Covenant compliance testing
- Update loan files
- Assist in preparation of Watch Report, Board Reports and other reporting as needed
- Work with Loan Operations and Deposit Operations to resolve client issues
- Fund draw requests
- Work with Treasury Management to meet the clients' cash management needs
- Monitor and address past due loans and overdrawn deposit accounts
- Additional departmental duties
- Attend department meetings
- Attend Management Loan Committee and Director's Loan Committee meetings
- Attend Bank Officer meetings
- Review information on market trends in commercial lending
- Maintain knowledge of underwriting and Loan Policy guidelines
- Attend training as required
- Participation in CRA activities
- Participation in networking events
Nonessential Duties
Qualifications Knowledge, Skills & Abilities
- Strong verbal and written skills
- Detail orientated
- Skilled at financial analysis
- Knowledge of commercial lending, loan policy and regulatory requirements
- Proficiency in Microsoft Office applications including Excel, Word and PowerPoint
- Ability to interact with clients in a professional, tactful and diplomatic manner
- Ability to collaborate with loan officers, loan operations, and deposit operations to accomplish goals
- Ability to multi-task while meeting deadlines
Training & Experience
- College degree in Finance, Accounting or a related field
- Completion of a credit training program, preferably through a bank credit department
- Minimum of 5 years' experience in commercial lending, preferably with franchise finance and construction lending experience.
Compensation
- Expected Salary Range: $100,000 - $130,000
- Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.
Benefits First Bank Chicago offers a comprehensive benefits package including medical/dental/vision/life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits, please visit our website:https://firstbankchicago.com/Employee-Benefits. First Bank Chicago is an Equal Opportunity Employer: disability/veteran Crain's Chicago Best Places to Work 2018 I 2019 I 2020 I 2021 I 2022 I 2023 I 2024
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